Wednesday, March 29, 2023

Mega deal planned in the travel industry

by admin
0 comment

Consolidation in the travel industry

Is there a mega tour operator emerging?

DER Touristik, Kuoni’s parent company, is said to be working on the takeover of competitor FTI Touristik. It is still unclear whether two of the largest travel groups in Europe will be allowed to merge at all.


“DER” stands for “German travel agency”: DER Touristik is the second largest travel group in Europe and wants to continue growing through the merger with FTI Touristik.


Jean Claude RaemyEditor Economics

Uproar in the travel industry! As the “Handelsblatt” writes, there should be a merger between DER Touristik from Cologne and FTI Touristik from Munich. The negotiations are already at an advanced stage.

When asked by Blick, the companies did not comment. From FTI it says: “We do not comment on market speculation or rumors.” Which of course is not a denial.

Related News

Latest Switzerland News and updates and political news, follow our daily update about the congress and the government roundup, we also provide the latest news from all over the world minute by minute, subscribe to get the latest updates directly to your inbox.

© 2022 All Right Reserved. Switzerland Times